4 ms·
there should be an initial tax of net worth say 200 million per billion, then a tax of 20 percent on wealth over a billion. have it be a global tax, like with
by gremlinsinc 4y ago
there should be an initial tax of net worth say 200 million per billion, then a tax of 20 percent on wealth over a billion.
have it be a global tax, like with a nato like org that basically bars travel, and business dealings for individuals who don't pay the tax.
Then create some global ubi program or some humanitarian Congress to use the taxes to resolve many income inequality issues.
This won't end billionaires but it'd at least hold them more accountable. Personally I think they should be taxed 90 percent on increase(including capital gains, interest, etc), for every dollar over 1 billion, but the powerful would never let anything like that pass.